US scrap export market continued to decline,
a decline of USD15-30 / ton.

Currently, the export offer of mixture of No 1
and No 2-weight waste (80:20) from US to Turkey declined to USD300/mt and the
price from buyers even lower than USD260/mt(CFR), the east coast shredded scrap
export prices drop by USD18 / ton to USD275 / ton (FOB). Asian scrap export
prices also fell, Container mixture of No 1 and No 2-weight waste (80:20) to
China Taiwan price down to USD195 / ton (CFR).